The incredible rags-to-riches story of Britain's new entrepreneurship tsar Michelle Mone
Courtesy of Michelle Mone
So much so, Britain's Prime Minister David Cameron on Tuesday named Mone as the country's entrepreneurship tsar, which means she will help people get people back into work in areas of high unemployment.
They probably couldn't have picked a better person. Her life may look glamorous now, but it hasn't been plain sailing.
The Scottish founder of the British brand Ultimo, launched in 1996, grew up in an impoverished part of Glasgow, left school at 15 with no qualifications, and got pregnant at 18.
Troubles followed Mone into her later life. She was mugged and assaulted outside her office, her husband left her on Christmas Day 2011, and her messy divorce cost her nearly half her wealth.
Mone has charted her journey from jobless teen to creating one of the world's most iconic lingerie brands in her new book, "My Fight to the Top." The entrepreneur now has an estimated net worth of £20 million ($30 million).
Here is her story, sourced from her book, her interview with Business Insider, as well as official pictures from her website, and several social media accounts.
- Markets rebound in early trade on firm global trends
- Impact of AI on Music
- "Cowardly and dastardly act": PM Modi condemns attack on Slovak PM Fico, wishes him a speedy recovery
- As Ilya Sutskever announces OpenAI exit, here’s a quick recap of his involvement in Sam Altman's firing last year
- DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market